The cheapest Madrid to Palma de Mallorca return flight on the radar right now is €45, flying with Iberia Express non-stop. It covers departures in December 2026, and every dated link below opens that exact MAD–PMI search on Skyscanner. Our sampling points to December 2026 as the cheapest month to fly Madrid to Palma de Mallorca.
Every fare here is re-confirmed against Skyscanner automatically, and each one is stamped with the moment it was last checked, so you can see how fresh it is instead of taking it on trust. Not flying from Madrid? We track 19 other departure cities for Palma de Mallorca, listed at the foot of this page.
Fares move quickly. If this Madrid to Palma de Mallorca price has gone by the time you search, shift the dates a day or two either side, because the same route is often still cheap just next door.